Buffett’s BYD bet outshines Tesla slump, Berkshire’s China play defies EV price war and hype, value over volatility drives EV future
Warren Buffett’s strategic investment in BYD, made in 2008, is proving remarkably successful, contrasting sharply with his avoidance of Tesla. BYD has surpassed Tesla in ...
Tesla price hike: Elon Musk-led EV maker raises Model S and X prices by $5,000 in US after upgrades; premium variants now start at $84,990
Tesla has increased the prices of its Model S and Model X vehicles in the United States by $5,000 across all configurations. This price adjustment ...
‘I’m a Tesla fanboy’: Dream11 CEO Harsh Jain wants ‘dibs’ on India launch; not the $1,000 refund
Dream11 CEO Harsh Jain, an early Tesla enthusiast, voiced his disappointment with the company’s handling of Indian reservations. Despite paying a deposit in 2017, Tesla ...
Hyundai Motor exits Ola Electric with 552 crore stake sale; Kia also offloads shares
Hyundai Motor Company fully exited Ola Electric Mobility, selling its 2.47% stake for Rs 552 crore. Kia Corporation also divested a 0.62% stake for Rs ...
Tesla accelerates India strategy with new office lease in Mumbai’s Kurla
Tesla is expanding its presence in India, leasing a new 24,500 sq ft office space in Kurla West, Mumbai, to bolster its manufacturing and supply ...
European, Korean majors keen to make EVs in India: HD Kumaraswamy
Mercedes Benz, Skoda-Volkswagen, Hyundai, and Kia have expressed interest in manufacturing electric vehicles in India, according to Heavy Industries Minister H D Kumaraswamy. This follows ...
‘Don’t see as competition’: VinFast Asia CEO on rivaling Tesla with premium EV launch plans in India
VinFast, Vingroup’s EV division, is set to enter the Indian market, aiming to compete with Tesla by launching its VF7 and VF6 models. The company ...
Ola Electric shares crash nearly 10% after Rs 870 crore Q4 loss; revenue slips 62%
Ola Electric’s stock prices plunged following the release of disappointing quarterly results. The electric vehicle company reported a substantial net loss for the fourth quarter ...
Bajaj Auto Q4 profit falls 10% to Rs 1,802cr
Bajaj Auto’s consolidated net profit witnessed a 10% year-on-year decline, reaching Rs 1,802 crore in Q4, primarily due to reduced domestic sales. While the company’s ...
Ola Electric’s Q4 revenue halves, losses mount
Ola Electric experienced a significant downturn in the March quarter, with revenue plummeting by 60% to Rs 649 crore and net losses widening to Rs ...
